How about compared to the federal minimum wage

Reference no: EM132201077

Question: Jerry works at Jamba Juice and gets paid California state minimum wage. However, in the 1970s, the minimum wage was $1.60 per hour. Is Jerry better or worse off today compared to the California state minimum wage? How about compared to the federal minimum wage of $7.25?

Use the following table to solve question: Historical Consumer Price Index (CPI-U) Data (BY Tim Mcmahon)

Reference no: EM132201077

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